TRUSTEES' LIEN. The Trustees, the TAC, the Legal Representative, and the Additional Indemnitees shall have a first priority lien upon the PI Trust assets to secure the payment of any amounts payable to them pursuant to Section 4.7 above.
Appears in 3 contracts
Sources: Asbestos Personal Injury Settlement Trust Agreement (Raytech Corp Asbestos Personal Injury Settlement Trust), Asbestos Personal Injury Settlement Trust Agreement (Raytech Corp Asbestos Personal Injury Settlement Trust), Asbestos Personal Injury Settlement Trust Agreement (Raytech Corp Asbestos Personal Injury Settlement Trust)
TRUSTEES' LIEN. The Trustees, the TAC, the Legal Representative, Trustees and the Additional Indemnitees shall have a first priority lien upon the PI Trust assets Assets to secure the payment of any amounts payable to them pursuant to Section 4.7 4.6 above.
Appears in 1 contract
Sources: Asbestos Personal Injury Settlement Trust Agreement (Armstrong Holdings Inc /Pa/)
TRUSTEES' LIEN. The Trustees, members of the TAC, the Legal Future Claimants' Representative, and the Additional Indemnitees shall have a first priority lien upon the PI Trust assets Assets to secure the payment of any amounts payable to them pursuant to Section 4.7 4.6 above.
Appears in 1 contract
Sources: Asbestos Personal Injury Settlement Trust Agreement (Armstrong World Industries Inc)